Announces Doing Away With Merchant Cash Advance Services In Favor of Payday Loans

Share Article

During a time when lenders are lending to consumers with less than perfect credit, does away with merchant cash advance services. is getting in on the action by focusing on payday loans.

While we fully support merchant cash advance lenders, we think it’s more important to focus on the consumer.

According to Yahoo news, credit card companies have been focusing on lending credit to consumers who have less than perfect credit rather than those who are more desirable to lend to. In an article they said, “In the three months ended Sept. 30, credit reporting agency TransUnion found that 25.2 percent of the new card accounts went to consumers with a score below 700.” While this is going on,, a company that has services that don’t require good credit, has decided to stop offering merchant cash advance loans in favor of payday loans. They have recognized that it is more important to focus on helping average consumers to obtain the cash they need to get by.

In a statement from about their dropping of merchant cash advance services they said, “While we fully support merchant cash advance lenders, we think it’s more important to focus on the consumer. The average consumer is who keeps merchants in business in the first place. These days, consumers are having a hard time keeping themselves afloat without lending services. Unfortunately, most consumers don’t have the credit score to get traditional loans. This is why we are focusing on payday loans rather than merchant cash advance services.”

Despite dropping merchant cash advance services, has said that they are not only dedicated to helping consumers get emergency funding, but they are now focusing on service transparency as well. They recently announced a new writer to create website copy that contains tips and advice about their services. They have also gone to great lengths to explain what they do so that consumers can make educated decisions about obtaining their services.

About – is an online company the helps consumers obtain loans, such as payday loans. For more information, visit


Share article on social media or email:

View article via:

Pdf Print